13 May, 2016 by The TZ Newswire Staff Comments Off on Alibaba just struck a key cloud deal with SoftBank to expand into Japan
Alibaba just struck a key cloud deal with SoftBank to expand into Japan
Alibaba and SoftBank announced plans to form a joint venture on Friday to launch cloud computing services in Japan.
13 May, 2016 by The TZ Newswire Staff Comments Off on China M2 money supply April yy +12.8% vs 13.5% exp
China M2 money supply April yy +12.8% vs 13.5% exp
Chinese money supply and lending data now released by the PBOC 13 May 2016
– +13.4% prev
– new yuan loans +555bln vs +900bln exp vs 1370 bln prev
– +14.4% yy
A big miss on expectations and previous reading. Banks shoring up defences or lack of demand? Jury remains out.
13 May, 2016 by The TZ Newswire Staff Comments Off on SMEs’ First 24/7 Lending Platform?
SMEs’ First 24/7 Lending Platform?
While the alternative lending space in the U.S. may be in a bit of trouble, the industry saw a massive rise — both at home and abroad — thanks to the allure of faster financing for SME borrowers.
The U.K. now has a new alternative lending marketplace, and with all of the options available to small businesses, one may wonder how new market entrants can compete.
13 May, 2016 by The TZ Newswire Staff Comments Off on B2B FinTech’s Unlikely Investment Winner
B2B FinTech’s Unlikely Investment Winner
With nearly $120 million raised for enterprise-serving startups, B2B venture capital saw one of its most successful weeks this year. It was also one of the most diverse. Businesses across the globe operating in the blockchain, eCommerce-as-a-Service and alternative lending spaces (to name a few) all secured funding.
But the segment of B2B FinTech that secured the largest backing — $50 million — is one you’ll never guess. Find out what it is, along with the rest of the week’s funding rounds, below.
Blockchain
13 May, 2016 by The TZ Newswire Staff Comments Off on Just The (Pay)Facs, Please
Just The (Pay)Facs, Please
The survival of the fittest is a well-known concept: the strong survive and the weak disappear. In the world of payments and technology, strong is often associated with longevity given the complexities of launching and igniting new payments technologies.
Innovators using new technologies, however, have challenged that conventional wisdom – and many of the players who occupy what were once considered unassailable positions of strength in payments now find themselves fighting for their own survival.
13 May, 2016 by The TZ Newswire Staff Comments Off on X-Border Sales Dream Team?
X-Border Sales Dream Team?
Like much of the Golden State Warriors’ recent run, their final home game of the regular season was a historic night. At the final buzzer, the Warriors had wrapped up their 73rd win of the season – setting the record for the most wins in a single NBA season. It was the kind of occasion, and season, that helps sell merchandise around the world. Then, of course, someone has to move it.
13 May, 2016 by The TZ Newswire Staff Comments Off on Coupa Goes In On B2B Payments Data
Coupa Goes In On B2B Payments Data
Corporate spend management firm Coupa has wrapped up its Inspire 2016 conference, with no shortage of announcements for the company. Earlier this week, the firm revealed an integration with corporate travel booking platform Sabre, streamlining the expense management process following business trip planning.
On Thursday (May 12), Coupa rolled out a few new features for its financial services offering.